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Foreign tax credit |
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Foreign tax creditHome country credit against domestic income tax. Received in return for foreign taxes paid on foreign derived earnings.Foreign tax credit Similar MatchesForeign investment risk matrix (FIRM)Foreign investment risk matrix (FIRM)Graph that displays financial and political risk by intervals on which countries may be compared according to risk ratings. Foreign Sales Corporation (FSC)Foreign Sales Corporation (FSC)A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods. Foreign Corrupt Practices ActForeign Corrupt Practices ActU.S. law, enacted 1977, that prohibits U.S. firms from bribing foreign officials to obtain or retain business. The law permits, however, facilitating payments. Foreign Sales CorporationForeign Sales CorporationRefers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy. Foreign source incomeForeign source incomeIncome earned from international operations. Further Suggestionsforeign exchangeForeign branch Foreign asset position Foreign Corrupt Practices Act Foreign market beta Foreign portfolio investment Foreign banking market Foreign reserves Direct Foreign Investment Foreign official institutions Foreign base company income Foreign exchange risk Foreign exchange Foreign equity market Foreign currency mortgage Foreign currency translation Foreign exchange dealer Foreign exchange swap Foreign exchange controls Foreign currency futures contract Forward foreign exchange rate Foreign Credit Insurance Association (FCIA) Net foreign asset position Foreign bond Foreign currency forward contract |
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